Stone price is $0.00392449
The current price of Stone (STN) is pegged at $ 0.00392449. However, this value is subject to fluctuation based on market conditions and can change over time.
Stone (STN) is a digital cryptocurrency that operates on its own technological framework. Like other cryptocurrencies, Stone provides a decentralized medium of exchange, allowing peer-to-peer transactions to occur without the need for an intermediary such as a bank. Unique blockchain technology underpins the operations of Stone, ensuring transactional security and transparency.
The creators of Stone remain general knowledge in the realm of cryptocurrencies, as it common with many decentralized digital currencies. The motivations behind Stone's creation, similar to other cryptocurrencies, are to enhance transactional efficiency, promote financial inclusivity, and allow financial activities to take place securely in a decentralized setting.
Stone shares many functional similarities with other cryptocurrencies, including the use of blockchain technology for secure and transparent transactions. However, the uniqueness of Stone lies in its distinct blockchain parameters and network specifications, which have been designed and optimized for its intended use cases.
Like other cryptocurrencies, Stone may also be mined. Mining is the process in which new Stone coins are created and transactions are verified. This process necessitates substantial computational processing power and plays an integral role in maintaining the security and integrity of the Stone network.
Typically, events like 'halving' are significant in the lifecycle of a cryptocurrency like Stone. Halving refers to the reduction in reward that miners receive for mining new blocks, essentially halving the rate of new Stone coin generation. While this event can stir price volatility, it is primarily a measure set in place to control inflation within the Stone economy.
Security is an integral aspect of any cryptocurrency, including Stone. The Stone network relies on the robustness of its blockchain technology, cryptographic algorithms, and a decentralized network of nodes to maintain transactional security and data integrity. Users are also encouraged to secure their Stone coins in crypto wallets to prevent unauthorized access.
The number of Stone (STN) coins in current circulation stands at 28.0M. This represents the number of Stone coins that have been mined and are currently available in the market.
In the past 24 hours, the price of Stone has increased and is currently at $ 0.00392449. Its 24-hour trading volume stands at 28.7K, indicative of how actively it's being traded in the market.
Stone (STN) can be purchased on a variety of Gate.io, Hotbit, Huobi. As the safety and security provided across platforms may vary, it's advised to use reputable exchanges to ensure a safer transaction process.
Securely storing Stone can require using an encrypted digital wallet designed to hold cryptocurrencies. Use a wallet that supports Stone specifically and ensure you follow recommended safety guidelines, including regularly updating security settings, adopting strong, unique passwords, and avoiding sharing sensitive information.
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